TaxStats for postcode 4496 FY2013
Postcode 4496 includes North Talwood, South Talwood, Talwood in Queensland, and is in the federal electorate of Maranoa.
In FY 2013 the ATO recorded 195 individuals in postcode 4496. Of these people, 190 made a taxable income or loss. 130 of the population paid a gross amount of tax. After tax offsets, 120 people actually paid a net amount of tax. There were 70 non-taxable people who paid net tax of $0.
Compare TaxStats of 4496 with QLD
| 4496 TaxStats FY2013 | %Ppl | #Ppl | 4496 Avg | 4496 Total |
|---|---|---|---|---|
| Total Individuals | 100% | 195 | ||
| Income | ||||
| Salary or Wage | 59% | 115 | $45,228 | $5,201,257 |
| Gross Interest | 54% | 105 | $2,937 | $308,414 |
| Unfranked Dividends | 10% | 20 | $202 | $4,038 |
| Franked Dividends | 18% | 35 | $2,160 | $75,617 |
| Dividend Franking Credit | 18% | 35 | $925 | $32,378 |
| Capital Gains | 8% | 15 | $6,111 | $91,665 |
| Termination Payouts | % | 0 | $ | $0 |
| Tips/Directors Fees etc | 5% | 10 | $1,115 | $11,154 |
| Business Income | 10% | 20 | $-9,756 | $-195,120 |
| Foreign Income | 8% | 15 | $230 | $3,453 |
| Government payments | 3% | 5 | $3,697 | $18,485 |
| Government pensions | 5% | 10 | $5,643 | $56,434 |
| Total Income or Loss | 97% | 190 | $34,513 | $6,557,427 |
| Deducations | ||||
| Charitable Gifts | 21% | 40 | $164 | $6,555 |
| Cost of Tax Affairs | 38% | 75 | $561 | $42,107 |
| Work Car expenses | 21% | 40 | $3,010 | $120,401 |
| Work Travel expenses | 5% | 10 | $435 | $4,353 |
| Self Education expenses | 3% | 5 | $1,073 | $5,366 |
| Total Deductions | 67% | 130 | $4,103 | $533,418 |
| Taxation | ||||
| Taxable Income | 97% | 190 | $30,719 | $5,836,549 |
| Medicare Levy | 59% | 115 | $832 | $95,728 |
| Medicare Surcharge | 3% | 5 | $175 | $874 |
| Gross Tax | 67% | 130 | $9,146 | $1,189,009 |
| Net Tax | 62% | 120 | $9,912 | $1,189,454 |
| Average Tax | 100% | 195 | $6,100 | $1,189,454 |
| Gross Tax Rate | 67% | 130 | 30% | $1,189,009 |
| Net Tax Rate | 62% | 120 | 32% | $1,189,454 |
| Average Tax Rate | 100% | 195 | 20% | $1,189,454 |
| %PPL is rounded Percentage of total individuals used in the average (AVG). | ||||
| #PPL is the number of individuals used to calculate the average (AVG). | ||||
| *Tax Rates calculated from Taxable Income. | ||||
| *Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation. |
The average taxable income was $30,719. It is estimated that the average taxable income for people who paid a net amount of tax was $41638.
The average net tax paid was $9,912. This equates to an average tax of 32 cents in the dollar on taxable income.
The Medicare levy was paid by 115 people for an average of $832. 5 people paid $175 on average more for the Medicare surcharge.
115 people earned a salary or wage and took home an average of $45,228 each.
Government allowance and payments were collected by 5 people for on average $3,697. 10 people received the pension or other allowance.
Charitable gifts and donations of an average of $164 were made by 40 people.
The costs of tax affairs for 75 people were claimed for $561 each.